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USDJPY falls lower after Trump adds more tariffs on top of new tariffs


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Stocks fall

Trump headline says:

  • Another $267B China tarriffs ready to go, added to the $200B.

I guess he has his eyes on $467B in total (it is hard to keep track).
The USDJPY has moved lower on the headline and is backing away from the resistance area defined in previous post, against the 100 and 200 hour MA and 61.8% (and underside of trend line).

IF you have not watched the newest video titled “It’s all about anticipation”, the 111.19-23 area is an anticipation area that traders could have leaned against (from post: “Sellers (longs/traders looking for a correction) should lean against the cluster of levels, with stops on a break”.. 
You can watch the video HERE.

     
                    

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